XYZ Company, a cash-basis taxpayer, is being valued using the adjusted book value method as of December 31, 2020. The balance sheet at that date follows: Cash $102,000 Dell Stock (1,000 shares) 22,000 Inventory (FIFO) 45,000 Land and Building 1,500,000 Machinery 265,000 Total Assets $1.934.000 Notes Payable (Current) $ 51,000 Notes Payable (LT) 1,240,000 Shareholder loans 410,000 Retained Earnings 233,000 Total Liab & RE S 1634,000 3. XYZ Company provides detailed summaries of its inventory. On the LIFO basis, the value of the inventory is $12,000. The company believes $5,000 of the inventory is obsolete. What would be the value of this asset using the adjusted book value method? 4. At the valuation analyst's request, XYZ Company had valuations performed of its real estate and machinery. ABC Appraisals valued the subject company's land and building at $2,200,000 and the machinery at $142,000 due to inoperable machinery. What would be the total value of the land and building and machinery using the adjusted book value method? 5. XYZ Company's stockholder loan has been on the books at $410,000 since 2019 when the company needed additional capital to purchase its current office. The company has paid no interest to the owner and has accrued no interest on the loan. According to management, the company has made no payments and will not be making payments in the near future. What is the value of this liability using the adjusted book value method